What can you expect from a Harvard MBA?
Harvard was founded in 1908 and is one of the most prestigious schools in the land to attend. It is the largest (1800 students) and third oldest school offering the MBA program to a world-wide audience. Before becoming accepted to the Harvard MBA program you will be required to ascertain three recommendations from various people in the community of which they will need to be able to writer a surmountable amount of a particular topical question and you will have to attend an interview as part of your application process. Along with these application requisites you will be expected to have leadership potential with the ability to influence and take the initiative. Be sure to have the tuition also as it is one of the most expensive in the country coming in at approximately $126,500 for the two years. Most MBA students or at least 60% require financial aid to get them through. The tuition cost is the same if you live in or out of state. Most students attending the MBA pursue careers in financing with job offers arriving at least 3 months after graduating. Other sectors of which students find employment are consulting, technology, and health care including pharm/biotech. Harvard’s top teaching methods has always been the use of case studies (but is changing), team projects and experiential learning with key areas of study found in Corporate Social Responsibility, Entrepreneurship, General Management, Leadership and Strategy. Harvard’s primary outlook when admitting students is looking at leadership qualities and the potential for leadership, rather than trying to effect change with traditional qualities. Harvard tends to look at an ability to influence and initiate with motivation rather than with authority. It also seeks out those who possess values combining competiveness and action driven orientations rather than solely academically driven students.
Harvard has a new program known as the 2+2 program whereby younger less experienced business students are allowed to gain entry into the MBA program. Which goes against their usual standards of accepting students with some kind of professional experience background. These students instead can begin with two years at the Harvard Business School gaining them valuable professional work experience which will serve them well when they take on the MBA program. Amongst other changes, the school has decided to lessen the dependence on case studies adding simulations and experiential learning as a way of introducing less finance types.